Physician Wealth Solutions Inc

Item 5 – Fees and Compensation

In addition to the information provided in Item 4 – Advisory Business, this section
describes the fees and compensation arrangements for advisory services provided by
Physician Wealth Solutions Inc. (“PWS”).

A. Fee Schedules
Investment Management Services for Individuals and Families

PWS provides discretionary investment management services to individuals and
families. Advisory fees are charged either as:

   •   An asset-based fee calculated as a percentage of assets under management
       and advisement, or
   •   A fixed annual advisory fee

The applicable fee structure is set forth in the client’s advisory agreement and is
determined based on factors such as the size of the client’s portfolio, complexity of the
client’s financial situation, scope of services provided, and other relevant
considerations.

Asset-Based Advisory Fee Schedule

Portfolio Value              Annual Fee
First $1 million             1.0%
Next $1 million              0.8%
Amounts above $2 million 0.6%

Clients are subject to a minimum annual advisory fee. Clients pay the higher of the
minimum annual fee or the fee calculated using the asset-based schedule. Both the fee
schedule and minimum annual fee are negotiable and disclosed in the client agreement.

Portfolio Value is defined as the combined value of investment accounts directly
managed by PWS and, when applicable, certain assets under advisement that are not
directly managed by PWS (“held-away assets”).

Held-away assets may be included in Portfolio Value only when such accounts are
electronically connected and reasonably valued through third-party account aggregation
services or through other methods mutually agreed upon in writing. Although the client
agreement may permit PWS to provide advice on held-away assets, held-away assets
are included for fee-calculation purposes only when reliable account data is available.

If held-away accounts are not connected or otherwise made available for valuation,
such assets are not included in Portfolio Value for billing purposes, even if PWS
provides advisory guidance related to those accounts. Clients remain responsible for
implementing any recommendations related to held-away assets, as PWS does not
have authority to execute transactions in such accounts.

Asset-based advisory fees are billed quarterly in advance and calculated using the
Portfolio Value as of the last business day of the preceding calendar quarter.

If advisory services begin during a calendar quarter, the initial advisory fee is prorated
based on the number of days remaining in the quarter and calculated using the Portfolio
Value as of the start date of services (or another date agreed upon in writing).
Thereafter, fees are billed quarterly in advance as described above.

PWS may, in its discretion, agree to charge a lower advisory fee based on factors such
as anticipated future assets, longstanding client relationships, or other circumstances.
Existing clients may be subject to fee schedules that differ from current schedules.

Fixed Annual Advisory Fee

In certain cases, PWS offers investment management services for a fixed annual
advisory fee rather than an asset-based fee. Fixed fees are negotiated based on factors
including, but not limited to, the complexity of the client’s financial situation, number and
type of accounts, scope of services, and total assets under management and
advisement.

Fixed advisory fees are billed quarterly in advance. If advisory services begin during a
calendar quarter, the initial quarterly fee is prorated based on the number of days
remaining in the quarter.

Fixed-fee arrangements may be reviewed periodically and adjusted over time based on
changes in the client’s circumstances, scope of services, or complexity of the
engagement. Any changes to the fixed advisory fee or other material terms are
communicated to the client in writing, in accordance with the client agreement.

The advisory relationship may be terminated by either party at any time in accordance
with the terms of the client agreement. If advisory fees are paid in advance, any
unearned portion of the fee is promptly refunded based on the effective date of
termination.
Financial Planning Services

Financial planning services are included as part of PWS’s investment advisory
relationship and are provided pursuant to the client’s advisory agreement. PWS does
not offer financial planning as a standalone service.

The scope and depth of financial planning services vary based on client needs and
preferences. Financial planning services are not separately billed and are included in
the advisory fees described above.

Retirement Plan Services

PWS provides retirement plan consulting services to employer-sponsored retirement
plans.

Asset-Based Retirement Plan Fees

For retirement plan clients billed on an asset-based basis, the annual advisory fee is
0.50% of the total market value of plan assets, subject to a minimum annual fee. Clients
pay the higher of the minimum annual fee or the fee calculated based on plan assets.
Both the fee and minimum annual fee are negotiable and disclosed in the applicable
retirement plan agreement.

Retirement plan asset-based fees are billed quarterly in advance and calculated using
the plan asset value as of the last business day of the preceding calendar quarter. If
services begin during a calendar quarter, the initial fee is prorated based on the number
of days remaining in the quarter.

Fixed-Fee Retirement Plan Services

PWS may also offer retirement plan services for a fixed annual fee. Fixed fees are
negotiated based on plan size, complexity, services requested, and other relevant
factors.

Fixed-fee retirement plan services are billed quarterly in advance and prorated if
services begin mid-quarter. Any fee changes must be disclosed in writing and
acknowledged by the client prior to becoming effective.
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Item 7 – Types of Clients

PWS provides investment advisory services to the following types of clients:

   •   Individuals and families
   •   Pension and profit-sharing plans (including retirement plan sponsors and
       participants)
   •   Trusts, estates, and charitable organizations
   •   Corporations and other business entities

Minimum Investment Amounts

PWS does not impose a minimum asset level for opening or maintaining an advisory
account. However, clients are subject to a negotiable minimum annual advisory fee,
which is disclosed in the client’s advisory agreement.

The minimum annual advisory fee may be waived or reduced at PWS’s discretion based
on factors such as the complexity of the client’s financial situation, anticipated future
assets, existing client relationships, or other circumstances.